Private Advisor Group LLC Has $1.15 Million Stake in Domino’s Pizza, Inc. (NYSE:DPZ)

Private Advisor Group LLC lowered its position in Domino’s Pizza, Inc. (NYSE:DPZ) by 42.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,440 shares of the restaurant operator’s stock after selling 3,234 shares during the period. Private Advisor Group LLC’s holdings in Domino’s Pizza were worth $1,146,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC raised its position in Domino’s Pizza by 12.3% during the first quarter. Global Retirement Partners LLC now owns 546 shares of the restaurant operator’s stock worth $141,000 after acquiring an additional 60 shares during the period. Sumitomo Mitsui Asset Management Company LTD grew its holdings in shares of Domino’s Pizza by 2.6% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 2,409 shares of the restaurant operator’s stock valued at $621,000 after purchasing an additional 61 shares during the period. CSat Investment Advisory L.P. grew its holdings in shares of Domino’s Pizza by 9.6% in the first quarter. CSat Investment Advisory L.P. now owns 899 shares of the restaurant operator’s stock valued at $232,000 after purchasing an additional 79 shares during the period. Advisor Group Inc. grew its holdings in shares of Domino’s Pizza by 3.6% in the first quarter. Advisor Group Inc. now owns 2,280 shares of the restaurant operator’s stock valued at $589,000 after purchasing an additional 80 shares during the period. Finally, Ffcm LLC boosted its stake in Domino’s Pizza by 91.1% during the fourth quarter. Ffcm LLC now owns 172 shares of the restaurant operator’s stock worth $43,000 after buying an additional 82 shares during the period. 97.30% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have weighed in on DPZ shares. Maxim Group reaffirmed a “buy” rating and set a $315.00 target price (up previously from $305.00) on shares of Domino’s Pizza in a research note on Wednesday, April 17th. Citigroup increased their target price on shares of Domino’s Pizza from $282.00 to $298.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 30th. Wells Fargo & Co increased their target price on shares of Domino’s Pizza from $238.00 to $263.00 and gave the stock a “market perform” rating in a research note on Thursday, February 14th. They noted that the move was a valuation call. Bank of America increased their target price on shares of Domino’s Pizza from $290.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. Finally, TheStreet lowered shares of Domino’s Pizza from a “b” rating to a “c+” rating in a research note on Monday, May 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $297.16.

Shares of DPZ opened at $281.29 on Friday. The stock has a market cap of $11.59 billion, a PE ratio of 33.41, a price-to-earnings-growth ratio of 2.06 and a beta of 0.53. Domino’s Pizza, Inc. has a 1 year low of $231.28 and a 1 year high of $305.34.

Domino’s Pizza (NYSE:DPZ) last posted its quarterly earnings data on Wednesday, April 24th. The restaurant operator reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.07 by $0.13. The firm had revenue of $835.96 million for the quarter, compared to analyst estimates of $852.59 million. Domino’s Pizza had a net margin of 10.50% and a negative return on equity of 12.38%. Domino’s Pizza’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm posted $2.00 EPS. Research analysts expect that Domino’s Pizza, Inc. will post 9.31 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, June 13th. Domino’s Pizza’s payout ratio is 30.88%.

In other news, CFO Jeffrey D. Lawrence sold 4,000 shares of the stock in a transaction on Friday, March 29th. The stock was sold at an average price of $255.00, for a total value of $1,020,000.00. Following the completion of the transaction, the chief financial officer now owns 3,494 shares of the company’s stock, valued at $890,970. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Richard E. Allison, Jr. sold 10,000 shares of the stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $279.19, for a total value of $2,791,900.00. The disclosure for this sale can be found here. Corporate insiders own 1.62% of the company’s stock.

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Domino’s Pizza Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores.

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Institutional Ownership by Quarter for Domino`s Pizza (NYSE:DPZ)

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